![image.png](https://images.hive.blog/DQmUFcSQyBTBr2dAYuUHtkN4bGEsDdftNGESkPL5LAUfEjM/image.png)

I have been proudly participating in the TEC for more than a year and I am very happy to see how this project has finally publicly launched today.

The TEC mission is to steward the cultivation of resources to accelerate the creation of robustly engineered models, modular tools, standards, and educational opportunities.

Last summer we launched "the hatch" phase, where we raised $1,5M in WxDai from the Trusted Seed only members which will be primarily used to fund Token Engineering projects. 

![Screenshot 20220125 at 12.07.14.png](https://images.hive.blog/DQmZK5nNjFYEABPp24vUS2qNrREeyH4NpreZfbh1FRGfbpN/Screenshot%202022-01-25%20at%2012.07.14.png)

https://www.youtube.com/watch?v=7uGy_KNr2rk

From there, the community has been debating and voting the parameters of the public bonding curve which was included in the Commons Upgrade to go public and offer anyone to join our community purchasing TEC governance tokens. We finally launched the bonding curve today!

![Screenshot 20220125 at 12.06.15.png](https://images.hive.blog/DQmUXpg7CLAW5KidMgki6CUwSKcmvwwdE81LtdZ6ZJnABwe/Screenshot%202022-01-25%20at%2012.06.15.png)

Token price will keep increasing as tokens get minted, part of the income will go to the reserve to have liquidity for the bonding curve so anyone can sell their tokens at any time. And there will be purchasing and selling fees feeding the community funds to keep offering support to projects.

If you want to better understand how a Bonding Curve works, you can watch Adam's from Interaxis.

https://www.youtube.com/watch?v=cUQYVDhEYkM

The DAO will be governed by the recently launched gardens DAO.

If you want to take a deeper look, you can check this links

[TEC Web](https://tecommons.org/)
[Governing DAO](https://gardens.1hive.org/#/xdai/garden/0x1fc7e8d8e4bbbef77a4d035aec189373b52125a8)
[TEC Bonding Curve](https://convert.tecommons.org/)
[Augmented Bonding Curve Simulator](https://commonsstack.org/abc)






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